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Showing 981 - 990 of 1954 results for "Default"

FEATURE: The new financiers of infrastructure

JAMES FERNYHOUGH  |  FRIDAY, 12 SEP 2014
... spreads worth the cost? What happens when the borrower needs refinance? And how can you be confident the borrower won't default when the debt they issue is unrated? In other words, it is a complicated investment, and has traditionally challenged of superannuation ...

Ai Group defends super in awards

JAMES FERNYHOUGH  |  WEDNESDAY, 10 SEP 2014
Australian Industry Group (Ai Group) has called for superannuation default funds to remain within the modern awards system. In its second-round submission to the Financial System Inquiry (FSI) the employer group, which represents more than 6000 businesses ...

Challenger supports default 'MyPension' product

JAMES FERNYHOUGH  |  TUESDAY, 9 SEP 2014
Superannuation funds with MySuper products should be allowed to extend their default offering into retirement, and should include annuities in that offering, Challenger has told the Financial System Inquiry (FSI). In its second submission to the FSI ...

Cbus launches self-managed option

JAMES FERNYHOUGH  |  MONDAY, 8 SEP 2014
... for the vast majority of Cbus members they expect the Fund to manage their superannuation and will want to stay in the default Cbus Growth (MySuper) or other standard investment options." He went on: "We encourage those members who want to take up the ...

FOS demands licensee-funded consumer protection scheme

LAURA MILLAN  |  MONDAY, 8 SEP 2014
All relevant entities licensed to distribute financial products should fund a default consumer protection scheme to ensure consumers are paid when awarded compensation, the Financial Ombudsman Service (FOS) asked in its submission to the Financial System ...

Super fees drop as fund war rolls on

LAURA MILLAN  |  MONDAY, 8 SEP 2014
... have forced adviser fees (1%) out of the equation. "MySuper has meant that retail funds are aggressively competing in the default space and that wasn't always the case, but retail funds are not going to be outcompeted by industry funds in MySuper," the ...

Super returns dip but still strong

STAFF WRITER  |  TUESDAY, 2 SEP 2014
... rebound as they posted a rolling 12 month return at end June of 11%. The top five Workplace super funds (by MySuper and default options) were Telstra Super, CFS FirstChoice, AUSCOAL, Rio Tinto and UniSuper; the top five Personal super funds (by balanced ...

GSA an affordable alternative to DLAs: APRA

JAMES FERNYHOUGH  |  TUESDAY, 2 SEP 2014
... to allow a sufficient period for the reforms to be fully implemented." It was less than enthusiastic about adopting a default super tender process modelled on the Chilean system. It suggested changing the three-day portability rule to five or seven days ...

Impartiality of FWC Expert Panel challenged again

JAMES FERNYHOUGH  |  FRIDAY, 29 AUG 2014
... with Industry Super Australia as first respondent. It's challenge was upheld by the court, and the three-yearly review of default superannuation funds was suspended until an appropriate expert member was appointed. This is yet to occur.

Insurance through super saves $403 million

STAFF WRITER  |  FRIDAY, 29 AUG 2014
... of people were not covered by insurance through their superannuation fund," ASFA chief executive Pauline Vamos said. "Default insurance has also helped thousands of people deal with financial hardship after an unexpected tragedy. Without it, it's likely ...